China’s Price and Enterprise Reform

Discover the intricate dynamics of China's economic transformation in China’s Price and Enterprise Reform by Wang Xiao-qiang. Published by Palgrave Macmillan in 1998, this insightful paperback spans 183 pages, offering a critical analysis of the country's reform strategies. Wang Xiao-qiang challenges the conventional 'big-bang' and privatization theories advocated by economists like Sachs and Kornai, presenting a compelling case for China's unique approach. He highlights how the nation has successfully blended a gradual transition with ongoing economic development, providing a fresh perspective on reform processes. This first edition is essential reading for anyone interested in understanding the complexities of China's economic policies and their implications for the global market. Enhance your knowledge of economic reform with this authoritative text.